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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: J T who wrote (40996)9/19/1999 9:31:00 PM
From: jhild  Read Replies (1) | Respond to of 43774
 
Well JT you just haven't been following along I think. All along there have been two stories. There has been the story that PABN/PRWT management has spun out through selected hearsay sources and their from the desk of and their staged events for shareholders. Then there has been the real story that has been emerging through the veil of these efforts. Kristi's account is yet again another peek behind the curtain:
There are only two traders in the Boca office.
The latest manager of the Boca office just quit.
Apparently... because their PAYROLL checks BOUNCED numerous times!!!

Message 11278770

But here excerpted from the last MTM (the one where there was actually any question and answer) are facets that PABN/PRWT management would have painted on their public picture:
[14:19] [Charles_Vaccaro]: There are 32 stations in Garden City, 20 in Boca Raton, with expansion capability to 34
[14:20] [Charles_Vaccaro]: This depends on the success of our franchise operation
[14:28] [jrmagco]: How many peole using I.T. on average every day?
Answer: Both the Garden City, NY and the Boca Raton, FL offices average 20 traders per day.
[14:29] [waikikian]: Does IT plan on opening more offices directly, or will the rest be franchised?
Answer: Insider Trading plans to expand with both company owned day trading offices and franchise locations.
[14:31] [seefus]: How do I convince the naysayers that IT has a future?
[14:37] [Charles_Vaccaro]: They are welcome to visit any of our current locations
[14:44] [Fred]: Why should an investor trade at of the two established offices when trades can be made at home over the computer?
Answer: An investor might want to trade at one of the established day trading offices instead of online to experience the dynamic energy and group camaraderie of the trading floor. panambancorp.com

Two stories? There have always been two stories. You just haven't been paying attention.